- Kinetic Green Tonino Lamborghini
- Electrify Maldives
- Trade Promoters Sri Lanka
- Tonino Lamborghini
- Dr. Sulajja Firodia Motwani
- Ferruccio Lamborghini
- Kasun Abeyrathne
Kinetic Green Tonino Lamborghini Appoints Maldivian Dealer
- By MT Bureau
- October 29, 2025
Kinetic Green Tonino Lamborghini has appointed Electrify Maldives as its exclusive dealer for its electric golf and lifestyle carts in the Maldives. The appointment follows a distribution agreement with Trade Promoters Sri Lanka.
Electrify Maldives unveiled the electric carts on 28 October at TechEng 2025, the Maldives' exhibition for engineering and technology. Ferruccio Lamborghini, Vice-President of Tonino Lamborghini, attended the opening ceremony as the Guest.
The collaboration is positioned to bring mobility solutions to sectors including golf courses, resorts, estates and corporate campuses.
At present, the cart line-up is offered in two product lines: the Genesis Range and the Prestige Range. Available in 2-, 4-, 6- and 8-seater configurations, the models feature a MacPherson suspension, four-wheel hydraulic brakes, 45 Nm torque and 30 percent gradeability. The lithium-ion battery with wireless charging offers a 10-year life and a range of up to 150km, backed by a 5-year warranty. Smart features such as a TFT dashboard, LED headlights and wireless mobile charging are included.
Dr. Sulajja Firodia Motwani, Founder and CEO, Kinetic Green, said: “For a long, the golf cart segment has awaited a true disruptor – an extraordinary offering that transcends the mundane. Over the years, the use of golf carts has extended well beyond golf- to luxury resorts, world-class airports, sprawling townships and corporate campuses and to personal use. But the design and specifications of popular golf carts has remained much the same, and this is where we see a large global market ready for disruption! Our JV will leverage the long legacy of the Kinetic Group in automotive engineering, Kinetic Green’s pioneering expertise in design and manufacture of electric vehicles and the experience of our partner, Tonino Lamborghini’s global experience in redefining design and lifestyle experiences and to top it all, marketing our products globally using the famous red shield with the iconic Bull. This fusion of our robust Indian engineering and EV capabilities with Tonino Lamborghini’s unparalleled design prowess and global luxury vision is not just a partnership; it is a confident declaration.”
“We are poised to create a disruption in this segment and work towards seizing leadership, globally, bringing a confident, and ambitious new benchmark to markets that are ripe for revolution. For Kinetic Green, this marks the beginning of our global journey, bringing Made in India EVs to the World. Kinetic Green’s aim is to build a USD 1 billion EV business by 2030 and this JV will play a key part in our global ambitions. I am confident that Electrify Maldives will drive this transformation in the Maldivian market by introducing innovation, ecological consciousness, premium design, trailblazing technology and top-tier quality through the sale of our carts. Electrify Maldives is officially designated to manage all local operations in the Maldives and will lead sales, marketing, and after-sales support for the entire lineup of Kinetic Green Tonino Lamborghini electric carts,” she added.
Ferruccio Lamborghini, Vice-President, Tonino Lamborghini, said: "This collaboration with Kinetic Green marks an exciting new chapter in the history of the brand founded by my father over 45 years ago. Together, we have created a project that combines the best of two worlds: the elegance and identity of Italian design with the strength, efficiency, and innovation of Indian manufacturing. This is more than an industrial joint venture – it is a bridge between two entrepreneurial cultures, united by a shared vision of the future. At Tonino Lamborghini, we believe in redefining everyday experiences into expressions of style, performance, and unmistakable identity. Our brand philosophy is deeply rooted in my family’s heritage yet constantly driven by innovation and a passion for excellence. With these golf and lifestyle carts, we are bringing that philosophy to life in a new segment – delivering not just vehicles, but a bold statement of lifestyle in motion. We chose India not only as a strategic production base, but also as a symbol of openness, growth, and global ambition. With Kinetic Green, we share fundamental values: a deep focus on the customer, continuous innovation, and meticulous attention to detail. The result is a product range that reflects the very soul of our brand – powered by cutting-edge technology and destined for discerning customers around the world. The Tonino Lamborghini Golf Carts embody our vision of electric lifestyle mobility: elegant, high-performing, and purpose-driven. We are proud to launch this journey in such a dynamic market as The Maldives. We are confident it will carry our style and passion for excellence and deliver exceptional brand experience to customers in the region.”
Kasun Abeyrathne, General Manager, Electrify Maldives, said: “At Electrify Maldives, our strength lies in engineering excellence and responsive technical support. Representing Tonino Lamborghini and Kinetic Green electric golf carts is a natural extension of our commitment to performance, reliability and service, delivering not just luxury mobility, but a robust, sustainable solution.’’
Ecofy Partners Ather Energy To Finance Electric Two-Wheelers
- By MT Bureau
- February 10, 2026
Ecofy, a green-focused NBFC backed by Eversource Capital, has entered a strategic partnership with Ather Energy to provide financing for electric two-wheelers. Under the agreement, Ecofy plans to deploy INR 1 billion in capital to support the purchase and ownership of Ather vehicles.
The collaboration is intended to improve access to green financing and address barriers to electric vehicle (EV) adoption, such as upfront costs and uncertainty regarding asset value.
Ecofy will serve as a preferred financing partner, offering Ather customers a range of options beyond standard vehicle loans:
- Leasing Solutions: Providing alternatives to traditional ownership.
- Assured Buyback: Structures designed to offer certainty on future asset value.
- Battery-as-a-Service: Separating battery costs from the vehicle purchase to reduce initial expenditure.
The partnership combines Ather Energy's manufacturing and technology with Ecofy's retail-focused finance platform. The goal is to stimulate demand across both urban and emerging markets in India by simplifying the purchase journey for first-time EV buyers.
Rajashree Nambiar, Co-Founder, MD & CEO, Ecofy, said, “Clean transportation is critical to India’s green transition, and wider adoption depends on access to the right financing solutions. Our partnership with Ather Energy brings together strong product offerings and specialized green finance, helping customers adopt EVs with greater confidence, affordability, and flexibility.”
Ravneet Phokela, Chief Business Officer, Ather Energy, said, “Financing is an important consideration in the two-wheeler purchase journey, particularly for customers exploring EVs for the first time. Over the years, we’ve worked to build a strong financing ecosystem to make Ather accessible across markets. This partnership with Ecofy further broadens the range of financing options available to customers looking to buy an Ather, making the purchase and ownership journey easier to navigate. It helps simplify the decision-making process and supports broader access to electric two-wheelers.”
Kinetic Watts & Volts Gets INR 420 Million Incentive Under Maharashtra EV Policy
- By MT Bureau
- February 10, 2026
Pune-based Kinetic Watts & Volts (KWV), the electric vehicle division of the Kinetic Group, has received approval for incentives totalling approximately INR 420 million under the Government of Maharashtra’s Electric Vehicle Policy. The benefits will be realised in phases over a 10-year period.
The state policy provides capital-linked support, tax exemptions and incentives for component manufacturing to establish Maharashtra as a hub for electric vehicle production.
The qualification for the scheme was based on the company’s localisation efforts for its Kinetic DX electric scooter. Designed from the ground up, 99 percent of the vehicle’s components are tooled and sourced within India. At present, the company is manufacturing the e-scooter from its Ahilyanagar facility in Maharashtra.
The company stated it has invested approximately INR 700 million in manufacturing infrastructure, which includes establishing production lines for critical subsystems, aiming to reduce supply-chain dependencies.
The Kinetic DX EV features a metal body and 37 litres of under-seat storage. The model includes patented features such as Easy Charge, Easy FLIP and Easy key.
The company has commenced sales and service operations in Pune, Mumbai, Vadodara and Surat, with plans for national expansion. The subsidies will be utilised to scale production of the DX EV range, chassis sub-assembly lines, and the Range-X battery assembly operations.
Ajinkya Firodia, Vice-Chairman & Managing Director, Kinetic Watts & Volts, said, “The Maharashtra EV Policy is a progressive step toward building a strong domestic EV ecosystem. The incentive linked to our investment of around INR 700 million, supports our strategy of robotics-led manufacturing and in-house battery assembly. This will help us accelerate localisation, expand production capacity, and deliver durable, safe and accessible electric mobility solutions for Indian families at scale.”
Euler Motors And Jio-bp Partner To Expand EV Charging Infrastructure
- By MT Bureau
- February 09, 2026
Euler Motors and Jio-bp have signed a Memorandum of Understanding (MoU) to expand electric vehicle (EV) charging infrastructure across logistics hubs in India. The agreement aims to improve charging accessibility for commercial fleet operators and users.
The partnership was formalised on 6 February 2026 by Rubin Pather, Jio-bp Head of Electric Mobility and Ashish Tandon, Global Head of Customer Excellence at Euler Motors.
The collaboration focuses on supporting Euler Motors’ recently launched models, the Euler TURBO EV 1000 and Euler Storm EV. Jio-bp, which operates nearly 7,000 charge points across 1,000 locations, will work with Euler Motors to:
- Identify Business Hubs: Use data to locate fleet-heavy areas with high charging demand for infrastructure deployment.
- Facilitate Site Hosting: Euler Motors will introduce Jio-bp to fleet customers interested in hosting charging stations.
- Energy Transition: Jio-bp will utilise its Trans-Connect platform to introduce its fleet customer base to Euler Motors’ vehicle offerings.
Jio-bp currently operates 480 kW chargers equipped with liquid-cooled guns. The partnership is designed to align this charging network with cargo mobility solutions to improve vehicle uptime and asset utilisation for operators.
Sarthak Behuria, Chairman, Jio-bp, said, “India’s transition towards sustainable mobility requires strong collaboration between vehicle innovation and energy infrastructure. Our partnership with Euler Motors represents a shared commitment to accelerating the electrification of commercial logistics, a segment that will play a decisive role in reducing urban emissions and improving freight efficiency. By combining Jio-bp’s growing EV charging ecosystem with Euler Motors’ purpose-built electric cargo vehicles, we aim to support India’s evolving mobility needs while contributing meaningfully to the country’s low-carbon future.”
Akshay Wadhwa, CEO, Jio-bp, added, “At Jio-bp, we are focused on building a dependable, high-performance charging network that supports the operational realities of commercial EV fleets. Our collaboration with Euler Motors allows us to align Jio-bp pulse charging infrastructure with specialised electric cargo mobility solutions that are rapidly scaling across urban logistics. Together, we are enabling fleet operators to transition confidently to electric mobility by delivering reliable charging access, optimised uptime, and enhanced operating efficiency, further strengthening India’s EV ecosystem.”
Ashish Tandon, Global Head of Customer Excellence, Euler Motors, added, “This MoU brings together two committed partners focused on addressing key challenges of charging accessibility for commercial EVs. Through shared insights and coordinated efforts, we aim to deliver impactful business solution for our customers and contribute to strengthening EV ecosystem.”
Gaurav Kumar, Director - Board, Euler Motors, said, “Scaling electric mobility in the commercial vehicle segment requires charging infrastructure to grow in step with vehicle deployment. For fleet operators, access to fast, reliable charging at high-demand logistics hubs directly impacts uptime, asset utilisation and operating economics. Our partnership with Jio-bp reflects a shared focus on building this critical infrastructure backbone, enabling fleet operators to transition to electric mobility with greater confidence and efficiency across India.”
Greaves Electric Mobility Sets Record With Kolli Hills Ascent
- By MT Bureau
- February 09, 2026
Greaves Electric Mobility (GEML) has been recognised by the Asia Book of Records as the first electric two-wheeler brand to ascend Kolli Hills in Tamil Nadu. The route consists of 70 hairpin bends and is utilised as a testing ground for vehicle endurance and gradient performance.
The record attempt took place on 7 January 2026 with the Ampere Nexus e-scooter completing the ascent from Belukurichi to the summit in 22 minutes and 10 seconds. Asia Book of Records officials validated the achievement on the same day.
The ascent was used to validate the company's engineering for diverse riding conditions, including steep gradients and sustained load cycles.
- Battery Technology: Utilises LFP (Lithium Iron Phosphate) chemistry, designed to operate in temperatures ranging from –40deg C to 60deg C.
- Chassis: Constructed from high-tensile steel with a dual-frame design for balance during continuous cornering.
- Powertrain: Features a motor tuned for instant torque on climbs and regenerative braking for descents.
- Software: Includes traction control systems to manage slippery surfaces.
Greaves Electric Mobility currently operates in India and Nepal, with an emerging presence in Sri Lanka, the Philippines, and Africa. The company stated that the Kolli Hills milestone demonstrates the capability of electric two-wheelers to perform beyond urban environments.
Vikas Singh, Managing Director, Greaves Electric Mobility, said, “India’s riding conditions are among the most demanding in the world, and our approach has always been to engineer electric vehicles that are built for Bharat, not just for ideal test environments. The Kolli Hills ascent is a real-world validation of that philosophy. The Ampere Nexus combines safe and durable LFP battery technology with a robust dual-frame chassis that is designed to handle steep gradients, repeated cornering, and sustained load conditions. Achievements like this reaffirm our focus on building electric mobility solutions that can perform reliably across tough terrains.”

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